Starting in

Days

Catch up with all the buzz in the world of crypto with BTC Wires. Here, we bring all the breaking stories, feature announcements, public statements and multinational plans of well-known industry investors.

Trending Posts

Let your queries be sorted out by some brilliant minds of Blockchain Ecosystem!
BTC Wires has this syndicated interview column that has up-close and personal interviews of some of the game changers in the world of cryptocurrency. Know what they have in their sack for you.

Navigating the crypto world is a daunting challenge owing to those confusing technical concepts, isn’t it?
Lucky You! You are at BTC Wires.
With an aim to keep you in touch with the current market trends of the crypto world, BTC Wires brings you the in-depth analysis of all the happenings so you can stand firm in this ecosystem.

Recent Posts

Trending Posts

At BTC Wires, we love guiding passion-fuelled aspirants with the right amount of information so they can find effective ways to grow with the trend. Thus, we have come up with this Encyclopedia that covers all the aspects of Blockchain Ecosystems.

Coin 4 Clothes: World’s First Crypto Charity

BTC Wires: Interesting news is floating into the international blockchain from Toronto Canada, where news about the world’s first crypto charity donations is keeping the ecosystem abuzz. The newly founded Coin 4 Clothes accepts Bitcoin Cash and donations in other cryptocurrencies as well. The initiative is targeting to help people in need and simultaneously introduce people to bitcoin cash. By doing so, the initiates is hitting two birds with one stone.

These donations are accepted from any part of the world, thus opening it to anyone who wishes to show their generosity. The donations are then used for buying clothes for the less privileged. Hence, the initiative is nurturing Toronto based charities that are trying to help the helpless. Additionally, the programme also provides opportunities for people who donate their clothes to earn BCH in the process.

The charity not only lessens the administrative burden by 95%, but also returns 100% of the BCH to purchase clothing for people who actually need them, thus solving a real time problem. Another amazing factor about crypto is that it saves all the money that would otherwise be lost in the bank procedures that centralised charity models work by.

It has been observed that making use of DLT and cryptocurrency can eliminate a number of problems related to the centralised model of that often ends up breeding corruption even in noble causes like these. Due to the transparency of the whole process, the chances of any sort of money related fraud are dismissed. The Oxfam scandal is a fine example of how the charity sector can find itself caught in systemic failures.

Bloomberg suggests that blockchain has begun its disruptive operations with regards to the charity industrial complex. It will achieve its aim through charity models that have been developed on DLT and accepts only cryptocurrency.

About

BTC Wires is an online digital media platform which provides information for the crypto and blockchain technology fraternity. As the demand for Cryptocurrency is riding high these days, it is our mandate to educate, inform and connect the readers and experts over the globeRead More

Disclaimer

BTC Wires is an independent media company. We try to provide content that is as accurate as possible. Any brands, companies or currencies mentioned in the news or our articles are as required and we are not official representatives of any such brand, company or currency.